\begin{tabular}{lcccccc} \hline
 & (1) & (2) & (3) & (4) & (5) & (6) \\
VARIABLES & Terr. att. & Terr. att. & Terr. att. & Terr. att. & Terr. att. & Terr. att. \\ \hline
 &  &  &  &  &  &  \\
t & -0.102 & 0.312 & -0.109 & 0.346 & 0.342 & 0.242 \\
 & (0.238) & (0.197) & (0.229) & (0.270) & (0.244) & (0.218) \\
t+1 & 0.119 & 0.166 & 0.198 & 0.189 & 0.141 & 0.118 \\
 & (0.243) & (0.199) & (0.234) & (0.268) & (0.246) & (0.220) \\
t+2 & -0.249 & 0.309 & -0.0485 & 0.000654 & -0.0862 & 0.0734 \\
 & (0.241) & (0.197) & (0.231) & (0.263) & (0.246) & (0.215) \\
t+3 & 0.393 & 0.448** & 0.508** & 0.390 & 0.477* & 0.298 \\
 & (0.241) & (0.198) & (0.230) & (0.265) & (0.244) & (0.217) \\
t+4 & -0.519** & -0.00621 & -0.281 & -0.196 & 0.0808 & 0.0874 \\
 & (0.243) & (0.201) & (0.231) & (0.272) & (0.251) & (0.222) \\
t+5 & -0.115 & -0.0273 & 0.0262 & -0.0167 & 0.277 & -0.0112 \\
 & (0.237) & (0.196) & (0.227) & (0.275) & (0.252) & (0.219) \\
t+6 & -0.206 & 0.262 & 0.0564 & 0.523* & 0.271 & 0.409* \\
 & (0.249) & (0.199) & (0.236) & (0.281) & (0.268) & (0.226) \\
Interaction & 1.247*** & 0.381 & 1.423*** & -0.486 & 0.185 & -0.153 \\
 & (0.393) & (0.754) & (0.427) & (0.403) & (0.406) & (0.566) \\
t+1 & 0.568 & 0.883 & 0.516 & -0.128 & 0.599 & 0.172 \\
 & (0.401) & (0.754) & (0.437) & (0.401) & (0.413) & (0.552) \\
t+2 & 1.726*** & 1.651** & 1.543*** & 0.513 & 1.051** & 0.983* \\
 & (0.402) & (0.758) & (0.442) & (0.407) & (0.422) & (0.547) \\
t+3 & 0.583 & 1.449* & 0.285 & 0.0600 & 0.248 & 0.267 \\
 & (0.405) & (0.759) & (0.448) & (0.400) & (0.416) & (0.524) \\
t+4 & 1.765*** & 1.747** & 1.378*** & 0.494 & 0.120 & -0.575 \\
 & (0.407) & (0.759) & (0.448) & (0.404) & (0.420) & (0.524) \\
t+5 & 0.889** & 1.647** & 0.441 & 0.192 & -0.228 & 0.227 \\
 & (0.400) & (0.757) & (0.441) & (0.408) & (0.417) & (0.506) \\
t+6 & 1.779*** & 1.858** & 1.302*** & -0.178 & 0.455 & 0.0882 \\
 & (0.397) & (0.760) & (0.423) & (0.411) & (0.412) & (0.500) \\
 &  &  &  &  &  &  \\
Observations & 1,577 & 1,577 & 1,577 & 1,577 & 1,577 & 1,577 \\
R-squared & 0.864 & 0.854 & 0.860 & 0.855 & 0.856 & 0.856 \\
Interaction variable & central control & intregated & vanguard & 1st hit & reward & 1st in comm. \\
Group FE & YES & YES & YES & YES & YES & YES \\
Period FE & YES & YES & YES & YES & YES & YES \\
Prob $>$ F lags hit & 0.0261 & 0.0959 & 0.0632 & 0.0544 & 0.3061 & 0.3373 \\
Prob $>$ F leads hit & 0.0991 & 0.5429 & 0.2143 & 0.7520 & 0.1320 & 0.4661 \\
Prob $>$ F lags inter. & 0.0000 & 0.1257 & 0.0001 & 0.5116 & 0.1120 & 0.1616 \\
Prob $>$ F leads inter. & 0.0000 & 0.5751 & 0.0000 & 0.7435 & 0.0143 & 0.0537 \\
 Control mean & 1.9450 & 1.9450 & 1.9450 & 1.9450 & 1.9450 & 1.9450 \\ \hline
\multicolumn{7}{c}{ Newey-West standard errors in parentheses} \\
\multicolumn{7}{c}{ * p$<$0.1 ** p$<$0.05 *** p$<$0.01} \\
\end{tabular}
